“The S&P 500 only had 51 companies make a new 52 week high today, even though it also made a new all-time high. This compares to 200 companies in May 2013 and 90 at the March price peak. The new 52 week high data of the Dow and S&P shown at the beginning of this update supports the RSI divergence warning as well as the implication that each rally is supported by fewer and fewer companies than the previous ones and should eventually result in a rollover of the market.”

The best time to prepare for the stock market’s next move is always the same; before it happens, not after.

The ETF Profit Strategy Newsletter uses technical and fundamental analysis along with market history and common sense to keep investors on the right side of the market. We cover gold along with other major asset classes like stocks, bonds, and currencies. In 2013, 70% of our weekly ETF picks were winners.